News Releases

PHILADELPHIA--(BUSINESS WIRE)--June 9, 2005--ACE USA, the U.S.-based retail division of The ACE Group of Companies, today announced two key appointments in its International Advantage(R) unit. Alfred E. Bergbauer, a seasoned international insurance executive, has been named Senior Vice President, ACE USA International Advantage, and John S. Scales has been named Vice President, Underwriting for ACE USA International Advantage. The ACE USA International Advantage unit provides international insurance products and services for U.S.-based businesses.

"Alfred and John have strong international experience that will help us continue to expand our presence in the international property and casualty market," said Andrew MacKinnon, Senior Vice President, Foreign Casualty for ACE USA International & Specialty Group. "ACE USA International Advantage's management expertise, combined with resources of ACE's diverse product offerings and global presence, helps customers maximize their insurance investments and responds to agents' needs for underwriting specialization."

Mr. Bergbauer leads a team of international property and casualty underwriting specialists that is responsible for delivering international programs, specialty coverages and client services for U.S.-based companies with global operational needs. Prior to joining ACE, Mr. Bergbauer was South Region International Practice Leader at Marsh USA, Inc. His distinguished career in international insurance and business also includes serving as chief executive officer of two insurance companies in Asia. Mr. Bergbauer earned an MBA from Babson College and a Bachelor of Arts from Marietta College. He also holds the Associate of the Chartered Insurance Institute (ACII) designation from the Chartered Insurance Institute in London.

Mr. Scales will be responsible for overseeing the underwriting function within the International Advantage unit and will lead the growth of the custom casualty underwriting segment. He joins ACE from Marsh USA, Inc., where he served as Senior Vice President, Southeastern Zone International Practice Leader. Previous senior level roles included Regional Manager at AIG WorldRisk, Southeast Regional Casualty Manager at AIU of North America, Inc., and Senior Business Development Manager at American International Companies, Inc.

Staffed by dedicated international underwriters, ACE USA International Advantage specializes in providing international insurance to U.S.-based companies and organizations doing business in the often complex global markets. The International Advantage(R) Package Policy offered by ACE can be tailored to include Commercial General Liability, Employers Responsibility, Commercial Auto Liability, International AD&D and Medical, Commercial Property and Business Income, and Kidnap and Extortion coverages, all in one easy-to-read policy. For more information, visit www.aceadvantage.com.

ACE USA is the U.S.-based retail operating division of The ACE Group of Companies, headed by ACE Limited (NYSE:ACE), and is rated A (Excellent) by A.M. Best Company and A+ (Strong) by Standard & Poor's. ACE USA, through its underwriting companies, provides insurance products and services throughout the U.S. Additional information on ACE USA and its products and services can be found at www.ace-ina.com. The ACE Group of Companies provides insurance and reinsurance for a diverse group of clients around the world.